6 Beds
4 Baths
0.29 Acres Lot
6 Beds
4 Baths
0.29 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Lehigh Acres
MLS Listing ID 224075406
Style Resale Property
Bedrooms 6
Full Baths 4
HOA Y/N No
Year Built 2005
Annual Tax Amount $4,443
Tax Year 2023
Lot Size 0.287 Acres
Acres 0.287
Property Sub-Type Duplex
Source Naples
Property Description
Welcome to 779 Bedford Dr, a prime investment property in the thriving community of Lehigh Acres, FL. This charming duplex offers reliable income and impressive returns, making it an excellent opportunity for both investors and owner-occupants.
Key Features:
Brand-New Roof (2023): Recently replaced for durability and reduced maintenance costs.
Clean 4-Point Inspection: Completed to meet insurance requirements, providing added peace of mind.
Strong Financials:
Cap Rate: 7.25%
Cash-on-Cash Return: 5%
Annual Income: Approximately $48,000
Approx Net Operating Income (NOI): $38,400.63
Rental Upside: Potential to increase rents upon lease renewal, boosting future returns.
Well-Maintained Systems: HVAC systems, septic system, and wells are all in excellent working condition.
Turnkey Appeal: This property is move-in ready and highly attractive to tenants, ensuring immediate income potential.
Prime Location:
Situated in Lehigh Acres, a rapidly growing area with strong tenant demand, this duplex benefits from proximity to schools, local amenities, and major transportation routes.
Why Invest?
With a 7.25% cap rate and 5% cash-on-cash return, this property offers solid profitability and long-term growth potential. Minimal maintenance concerns and the opportunity for rent adjustments make it a smart addition to any portfolio.
Don't miss out on this high-performing asset in one of Florida's most dynamic markets. Contact us today to schedule a viewing and explore the benefits of owning 779 Bedford Dr!
Location
State FL
County Lee
Area Lehigh Acres
Zoning RM-2
Interior
Heating Central Electric
Flooring Tile
Fireplace No
Heat Source Central Electric
Exterior
Amenities Available None
Waterfront Description None
Roof Type Shingle
Porch Patio
Garage No
Private Pool No
Building
Lot Description Regular
Sewer Septic Tank
Water Well
Architectural Style Duplex, Florida
Structure Type Concrete Block,Stucco
New Construction No
Others
Pets Allowed With Approval
Senior Community No
Tax ID 23-45-27-L1-06015.0080
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